http://socyberty.com/issues/philippine-electricity-cost-who-is-responsible/ Thu, 31 May 2012 16:43:14 -0400 http://wordpress.org/?v=2.8.4 hourly 1 http://socyberty.com/issues/philippine-electricity-cost-who-is-responsible/comment-page-1/#comment-665247 Coleen Fri, 09 Sep 2011 09:05:23 +0000 http://socyberty.com/issues/philippine-electricity-cost-who-is-responsible/#comment-665247 Just to update, we are now the highest paying country for electricity in Asia. And this failure seems to be rooting down from the lack of stricture in the regulatory sector. This year (2011) will be the assumed kick-off of the open access and retail competition in the electricity market, which the government and the industry players assume will bring the electricity rates down(hopefully). However, the commencement of the open access will further limit the ERC in regulating rates passed down to consumers, leaving the possibility to lower down rates to what they so called 'competition', a factor that brought the rates in the mobile industry down and will (with all the positivity) do the same in electricity. Just to update, we are now the highest paying country for electricity in Asia. And this failure seems to be rooting down from the lack of stricture in the regulatory sector. This year (2011) will be the assumed kick-off of the open access and retail competition in the electricity market, which the government and the industry players assume will bring the electricity rates down(hopefully). However, the commencement of the open access will further limit the ERC in regulating rates passed down to consumers, leaving the possibility to lower down rates to what they so called ‘competition’, a factor that brought the rates in the mobile industry down and will (with all the positivity) do the same in electricity.

]]> http://socyberty.com/issues/philippine-electricity-cost-who-is-responsible/comment-page-1/#comment-61873 Philip Jarina Thu, 29 May 2008 02:52:13 +0000 http://socyberty.com/issues/philippine-electricity-cost-who-is-responsible/#comment-61873 Philippines has the World's 2nd largest Geothermal power capacity. Why is its electricity one of Asia's most expensive? What is the government regulator, ERC doing to improve efficiency? Philippines has the World’s 2nd largest Geothermal power capacity. Why is its electricity one of Asia’s most expensive? What is the government regulator, ERC doing to improve efficiency?

]]>